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The rules will ensure safeguards are in place to strengthen labour conditions and close loopholes to curtail land grabbing incidents, says Leena Ghosh, head of human rights and social standards at the Roundtable on Sustainable Palm Oil.
Indonesia has committed to reaching net zero emissions by 2060, but its reliance on biofuels could create new environmental harms.
The prevailing mood of uncertainty seems to have emboldened companies and governments to justify slowing climate action. Experts say these delay tactics exploit people's economic and security fears.
The Roundtable on Sustainable Palm Oil’s updated standards aim to improve smallholder inclusion as EUDR kicks in. But decline in credit prices – which growers heavily rely on to recoup certification costs – sparks fears of financial strain.
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